Succession Intentions Across the Globe: The Role of Institutional Factors

Sieger, Philipp; Zellweger, Thomas; Fueglistaller, Urs (June 2014). Succession Intentions Across the Globe: The Role of Institutional Factors (Unpublished). In: 14th Annual IFERA World Family Business Research Conference. Lappeenranta (Finland). 24.-27.06.2014.

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While succession intentions have received increasing scholarly attention in recent years, there is a lack of knowledge about country-level antecedents and differences. Our paper aims to close this gap by investigating succession intentions of 6,360 students with family business background from 26 countries. More specifically, we blend theory of planned behavior with institutional theory and find that institutional variables such as individualism, uncertainty avoidance, and the level of corruption explain the formation of succession intentions over and above traditional theory of planned behavior elements. In addition, we reveal a U-shaped relationship between a nation's level of economic development and the strength of succession intentions. This indicates the existence of two types of succession intentions: necessity and opportunity succession. These findings add valuable insights to literature on family businesses, succession, theory of planned behavior, and practice.

Item Type:

Conference or Workshop Item (Paper)


03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Innovation Management > Management

UniBE Contributor:

Sieger, Philipp


300 Social sciences, sociology & anthropology > 330 Economics
600 Technology > 650 Management & public relations




Philipp Sieger

Date Deposited:

17 Aug 2016 09:02

Last Modified:

11 Sep 2017 17:02




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